A report from Paul Thurrott claims the next Xbox will launch in early November for $499. Alternatively, you will be able to purchase one for $299 providing you’re wiling to pay a monthly $15 subscription fee for Xbox Live.

With industry analysts, retailers, and publishers expecting next generation consoles to release next year at the earliest, Wedbush’s Michael Pachter believes 2014 is more likely. At least for the next-Xbox.

An industry source has told Kotaku that Microsoft’s next Xbox will contain Blu-ray as its disc technology, and that it’ll introduce Kinect 2; and that it’s to contain some kind of anti-used game technology.